Huobi


Markets

Crypto Exchange Huobi Sees $60M Token Outflows in a Day: Nansen

On-chain data shows more than $100 million in tokens left the exchange this week, most of them in the past 24 hours, while stablecoin reserves have dropped 9.5% in a week

(Shutterstock)

Markets

Tron's Price Sinks 8%, USDD Depegs Amid Drama at Justin Sun-Related Huobi Crypto Exchange

Community sentiment soured around Huobi, which has Tron founder Sun as an adviser, after it said it will lay off hundreds of staff in coming weeks.

Cartel del fundador de Tron, Justin Sun. (Danny Nelson/CoinDesk)

Markets

Huobi's HT Token Turbulent as Exchange Confirms 20% Headcount Reduction

Exchange volume has dropped by 23% as market concern grows around the health of Huobi.

Justin Sun (CoinDesk)

Markets

Justin Sun Looks to Calm Crypto Market Fear as BNB Falls 8%, Withdrawals Continue on Binance

Justin Sun deposits $100 million into Binance as outflow hits $1.8 billion, while BNB drops 8% and value departs BSC-based DeFi protocols

(Danny Nelson/CoinDesk)

Finance

Crypto Exchanges Huobi, Poloniex to Form 'Strategic Partnership'

Last week, Huobi denied that the two exchanges were planning to merge.

(Piotr Swat/Shutterstock)

Markets

Huobi Token Surges After Crypto Exchange Discloses Airdrop of Dominica Coin

The deal is noteworthy partly because of its connections to crypto billionaire Justin Sun, founder of the Tron blockchain where the Caribbean island's new token will initially reside.

The Caribbean island of Dominica is issuing a new digital token that will be airdropped to users of the Huobi exchange.  (Dominica Ministry of Tourism)

Finance

Crypto Exchange Huobi Denies Rumors It Will Merge With Poloniex

Justin Sun, the founder of the Tron network, has an involvement in both exchanges.

(Shutterstock)

Finance

Binance Starts Recovery Fund for Crypto Projects Facing Liquidity Crisis

Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative.

Las especulaciones recientes sobre el estado de Binance, el exchange de criptomonedas más importante del mundo, también golpearon la participación de mercado de su stablecoin. (Danny Nelson/CoinDesk)

Markets

Huobi Asset Transparency Report Reveals $3.5B in Crypto Holdings

As of Nov. 12, there were 191.84 million Huobi tokens on the platform. The exchange has promised to perform a Merkle Tree Proof of Reserves audit with a third party within 30 days.

(Shutterstock)

Videos

TRON Founder Justin Sun on FTX Fallout: We're Trying Our Best to Evaluate the Situation

Crypto exchange FTX has established a special facility with Tron to allow holders of TRX, BTT, JST, SUN, and HT to swap assets from FTX 1:1 to external wallets. Justin Sun, TRON Founder, Huobi Global Advisor, and Ambassador of Grenada to the WTO, discusses the latest developments.

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